Asia-Pacific Fish Oil Market 2021-2028

MARKET OUTLOOK

The publisher envisions the market for fish oil in the Asia-Pacific to grow at a CAGR of 4.90% in revenue terms over the forecasting period from 2021 to 2028. During this period, it is also expected to grow in terms of volume, at a CAGR of 2.63%.
China, Japan, India, South Korea, Australia & New Zealand, ASEAN countries, and Rest of APAC together form the market in this region.

India has highly favorable geographic conditions for catching fish, which immensely helps it in fish oil production. The nation boasts of a vast coastline of more than 8000 kilometers, and has approximately 4000 fishing villages and close to 2000 fish landing centers. As per the Food and Agriculture Organization (FAO), India’s fish output has increased tremendously over the years.

Initially, the oil was used primarily for producing soaps and margarine. However, in recent years, the use of fish oil in other high-value applications has also grown, given its numerous health and nutritional benefits. All these factors are contributing to the growth of the Indian fish oil market.

On the other hand, fish oil demand in Australia has increased risen considerably in the past 25 to 30 years. In fact, at present, the consumer demand for fish oil in the nation exceeds the supply, and it is expected to grow even more in the near future. Australia has also established itself as a supplier of safe, high-quality fish oil. It produces this oil using environmentally sustainable methods. All these factors are proving beneficial to the growth of the studied market in the country.

COMPETITIVE OUTLOOK

Some of the companies present in this market are Royal DSM NV, BASF SE, Copeinca AS, Triplenine Group A/S, Marvesa Holdings NV, Colpex International, FF Skagen A/S, and Corpesca SA.

1. Asia-Pacific Fish Oil Market – Summary

2. Industry Outlook

2.1. Market Definition
2.2. Key Insights
2.2.1. Mackerel is Anticipated to Grow at the Highest Cagr
2.2.2. Increasing Health Awareness in Consumers
2.2.3. Rising Demand for Fish Oil Among Sportspersons
2.3. Porter's Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitute
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Acquisitions
2.6.2. Partnership & Agreements
2.6.3. Business Expansion
2.7. Market Drivers
2.7.1. Substantial Development in the Aquaculture Industry
2.7.2. Growing Demand for Fish Oil in the Aged
2.7.3. Nutritional Benefits Offered by Fish Oil
2.8. Market Restraints
2.8.1. Harsh Weather Conditions
2.8.2. Dearth in Quantity of Fish Oil
2.8.3. Strict Government Guidelines
2.9. Market Opportunities
2.9.1. Increasing Demand from Supplement Industry
2.10. Impact of Covid-19 on Fish Oil Industry

3. Asia-Pacific Fish Oil Market Outlook – by Species

3.1. Anchovy
3.2. Mackerel
3.3. Sardines
3.4. Cod
3.5. Herring
3.6. Menhaden
3.7. Other Species

4. Asia-Pacific Fish Oil Market Outlook – by Application

4.1. Aquaculture
4.1.1. Salmon & Trout
4.1.2. Marine Fish
4.1.3. Crustaceans
4.1.4. Tilapias
4.1.5. Eels
4.1.6. Cyprinids
4.1.7. Other Aquaculture
4.2. Animal Nutrition & Pet Food
4.3. Pharmaceuticals
4.4. Supplements & Functional Food
4.5. Other Applications

5. Asia-Pacific Fish Oil Market – Regional Outlook

5.1. China
5.2. Japan
5.3. India
5.4. South Korea
5.5. Asean Countries
5.6. Australia & New Zealand
5.7. Rest of Asia-Pacific

6. Competitive Landscape

6.1. Omega Protein Corporation
6.2. Fmc Corporation
6.3. Copeinca As
6.4. Corpesca Sa
6.5. Colpex International
6.6. Triplenine Group A/S
6.7. FF Skagen A/S
6.8. Marvesa Holdings Nv
6.9. Pesquera Diamante Sa
6.10. Pesquera Exalmar
6.11. Royal Dsm Nv
6.12. Croda International plc
6.13. Basf Se
6.14. GC Reiber Vivomega Oils
6.15. LYSI HF

7. Methodology & Scope

7.1. Research Scope & Deliverables
7.2. Sources of Data
7.3. Research Methodology

List of Tables

Table 1: Market Attractiveness Index
Table 2: Vendor Scorecard
Table 3: Asia-Pacific Fish Oil Market, by Country, 2021-2028 (In $ Million)
Table 4: Asia-Pacific Fish Oil Market, by Country, 2021-2028 (In Kiloton)
Table 5: Asia-Pacific Fish Oil Market, by Species, 2021-2028 (In $ Million)
Table 6: Asia-Pacific Fish Oil Market, by Species, 2021-2028 (In Kiloton)
Table 7: Asia-Pacific Fish Oil Market, by Application, 2021-2028 (In $ Million)
Table 8: Asia-Pacific Fish Oil Market, by Application, 2021-2028 (In Kiloton)
Table 9: Asia-Pacific Fish Oil Market, by Aquaculture, 2021-2028 (In $ Million)
Table 10: Asia-Pacific Fish Oil Market, by Aquaculture, 2021-2028 (In Kiloton)

List of Figures

Figure 1: Porter's Five Forces Analysis
Figure 2: Asia-Pacific Fish Oil Market, by Anchovy, 2021-2028 (In $ Million)
Figure 3: Asia-Pacific Fish Oil Market, by Mackerel, 2021-2028 (In $ Million)
Figure 4: Asia-Pacific Fish Oil Market, by Sardines, 2021-2028 (In $ Million)
Figure 5: Asia-Pacific Fish Oil Market, by Cod, 2021-2028 (In $ Million)
Figure 6: Asia-Pacific Fish Oil Market, by Herring, 2021-2028 (In $ Million)
Figure 7: Asia-Pacific Fish Oil Market, by Menhaden, 2021-2028 (In $ Million)
Figure 8: Asia-Pacific Fish Oil Market, by Other Species, 2021-2028 (In $ Million)
Figure 9: Asia-Pacific Fish Oil Market, by Aquaculture, 2021-2028 (In $ Million)
Figure 10: Asia-Pacific Fish Oil Market, by Salmon & Trout, 2021-2028 (In $ Million)
Figure 11: Asia-Pacific Fish Oil Market, by Marine Fish, 2021-2028 (In $ Million)
Figure 12: Asia-Pacific Fish Oil Market, by Crustaceans, 2021-2028 (In $ Million)
Figure 13: Asia-Pacific Fish Oil Market, by Tilapias, 2021-2028 (In $ Million)
Figure 14: Asia-Pacific Fish Oil Market, by Eels, 2021-2028 (In $ Million)
Figure 15: Asia-Pacific Fish Oil Market, by Cyprinids, 2021-2028 (In $ Million)
Figure 16: Asia-Pacific Fish Oil Market, by Other Aquaculture, 2021-2028 (In $ Million)
Figure 17: Asia-Pacific Fish Oil Market, by Animal Nutrition & Pet Food, 2021-2028 (In $ Million)
Figure 18: Asia-Pacific Fish Oil Market, by Pharmaceuticals, 2021-2028 (In $ Million)
Figure 19: Asia-Pacific Fish Oil Market, by Supplements & Functional Food, 2021-2028 (In $ Million)
Figure 20: Asia-Pacific Fish Oil Market, by Other Applications, 2021-2028 (In $ Million)
Figure 21: Asia-Pacific Fish Oil Market, Regional Outlook, 2020 & 2028 (In %)
Figure 22: China Fish Oil Market, 2021-2028 (In $ Million)
Figure 23: Japan Fish Oil Market, 2021-2028 (In $ Million)
Figure 24: India Fish Oil Market, 2021-2028 (In $ Million)
Figure 25: South Korea Fish Oil Market, 2021-2028 (In $ Million)
Figure 26: Asean Countries Fish Oil Market, 2021-2028 (In $ Million)
Figure 27: Australia & New Zealand Fish Oil Market, 2021-2028 (In $ Million)
Figure 28: Rest of Asia-Pacific Fish Oil Market, 2021-2028 (In $ Million)